Link: Elon Musk might merge SpaceX with Tesla or xAI

Elon Musk-led SpaceX is considering a merger with xAI or Tesla ahead of its planned IPO. Reuters reported that these discussions aim to potentially launch data centers into space.

Bloomberg later added that the merger could also involve alternative combinations, reflecting the fluid nature of these negotiations.

The exact details regarding the timing and financials of the proposed merger remain undisclosed. However, the Financial Times noted a potential IPO date for SpaceX in mid-June.

If SpaceX merges with xAI, there may be implications given xAI's ongoing scrutiny in the EU over controversial technology practices.

This merger would be among several transactions involving companies led by Elon Musk, showing a pattern of inter-company collaboration.

Both SpaceX and Tesla have a history of intertwining business arrangements, including significant financial investments and product transactions. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.